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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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5 Stevens Ave , Westbrook, ME 04092
$550,000
Est. Payment: $1,222.22/mo
0 Bed
4 Bath
2414 Sqft
Status: Pending | Days on site: 6
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1898 - 006475,020881
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House Description

This well-maintained two-unit property offers a fantastic opportunity for investors or owner-occupants seeking flexibility, income potential, and valuable updates already in place. With separate heat and electric for each unit, and a layout designed to accommodate a variety of living arrangements, this property is well-positioned for both immediate use and long-term value. Significant improvements help make ownership easier, including a new roof installed in 2019, freshly painted exterior in 2026, heat pumps for efficient heating and cooling, a new sump pump, and a one-car garage remodeled in 2021. The covered front porch, added in 2013, provides a welcoming outdoor space, while a shared basement offers additional storage. Three private parking spaces add everyday convenience for residents. Unit 1 features three bedrooms, two bathrooms (one on each floor), and the convenience of first-floor laundry. Unit 2 offers two bedrooms, a full bath upstairs and a half bath downstairs and has been refreshed with fresh paint, new carpets, a new refrigerator, and a new dishwasher, making it move-in ready for its next occupant. Whether you're adding to your investment portfolio or living in one unit while renting the other, this property provides flexibility and lasting appeal. Located in a convenient Westbrook neighborhood, you'll enjoy easy access to some of the area's favorite local restaurants, including Casa Novello, Roots Café, and BreaLu Café. Outdoor recreation is close by at Riverbank Park and the Westbrook Dog Park, while Rock Row offers shopping, dining, and entertainment just minutes away. With nearby access to I-95 and convenient proximity to local schools and everyday amenities, this location makes commuting and daily errands simple while keeping you connected to everything Westbrook has to offer.

Highlights

Listed by Scott Townsend , 207-553-1387 and Kathy Harvey-Brown , 207-939-6195 Keller Williams Realty , 207-879-9800.

Property Type

Multi-Family

Lot/Acreage
0.08

Year Built

1930

County

Cumberland

Listing ID

1674141

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:3
Air Cond:Heat Pump
Fireplaces:
Floor:Carpet,Laminate,Tile,Linoleum
Above Ground Sq Ft:2414
Below Ground Sq Ft:0
Basement:Interior Entry,Unfinished
Other:
  • Additional:Primary Bedroom w/Bath
Water:Public

Exterior Features

Lot:Near Shopping,Near Town,Neighborhood,Suburban,Level
Zoning:CCD
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved,1 - 4 Spaces
Principal Interest
$1,222
Taxes
$506

Home Price

$550,000

Loan Details

30 yrs
%

Down Payment

20%
$110,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,222.22 $505.75 $0.00 $1,727.97
Yearly $14,666.67 $6,069.00 $0.00 $20,735.67
Total $440,000.00 $182,070.00 $0.00 $622,070.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Westbrook, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.